On a per-share basis, the Durham, North Carolina-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, were 23 cents per share. The results topped Wall Street expectations. ...

Cree, Inc. today announced financial results for its second quarter of fiscal 2019, ended December 30, 2018. Revenue for the second quarter of fiscal 2019 was $413 million, which represents a 12% increase compared to revenue of $368 million for the second quarter of fiscal 2018.